rental property


Partnership Agreement Can Resolve Real Estate Title Transfer Dispute

Q: I had a partnership with another guy for 30 years with a buy and sell agreement and with a right of first refusal. We owned a building with several stores. His wife received the rents and paid the bills. …

Continue reading

Posted in Quit Claim Deed | Tagged , , , , , , , | Leave a comment

Investment Properties Have Fewer Refinance Options

Q: In the summer of 2006 I bought a condo in Las Vegas with a friend. At the time, we were both successful online poker players and we were spending a lot of time in Las Vegas for live tournaments. …

Continue reading

Posted in Investment Property | Tagged , , , , , , , , , | 1 Comment

Should You Sell Or Rent Your House?

Q: I have been unemployed for about 6 months and have just secured a job in another city. I will reach retirement age in about 6 or 7 years. I will most likely not retire in the new city I …

Continue reading

Posted in Moving | Tagged , , , , , , , | Leave a comment

How To Buy A Tax Lien House As Investment Property

Q: About 3 years ago my neighbor moved out and abandoned her home. Now I find that the house will be auctioned off for tax delinquency. The starting bid is very low. I would like to bid on and try …

Continue reading

Posted in Investment Property | Tagged , , , , , , , , , , , | Leave a comment

Underwater on Mortgage, Lower Price or Allow Foreclosure?

Q: My husband, our two-year old daughter and I have been living in a home for a year. We used to live in a high rise condo in a nearby city, and that property has been up for sale for …

Continue reading

Posted in Short Sale | Tagged , , , , , , | 1 Comment

Rent Deductible Against Mortgage?

Q: I have a question and I can’t seem to find the answer on the Internet. Perhaps mine is not a common situation. I own a single family home that I rented out. The house was too big for me. …

Continue reading

Posted in Investing In Real Estate, Investment Property, Property Taxes | Tagged , , , , | 2 Comments

How to File for 8000 Home Buyer Tax Credit

If you are a first time home buyer, you should know how to file for 8000 home buyer tax credit. You will not be issued a check. Instead you will claim the deduction when you file your taxes, but you need to understand how to file for 8000 home buyer tax credit. The 8000 first-time home buyer tax credit was available to available to American families but you need to know how to file for 8000 home buyer tax credit.

Continue reading

Posted in First Time Home Buyer | Tagged , , | Leave a comment

Sale of Rental Property Affected By Depreciation and Loss Deductions

The sale of rental property affected by depreciation and loss deductions can get complicated. When considering the sale of rental property, one must always consider depreciation, loss and the effect on income taxes. The sale of rental property is not only affected by depreciation and loss deductions, but also what you have invested in home improvements and the property value.

Continue reading

Posted in Investing In Real Estate | Tagged , | Leave a comment

Selling Rental Property Tax Implications

Selling a rental property as an installment sale has property tax implications. Tax implications of selling a rental property. Successful rental property could sell for a profit, but should homeowner continue to rent or sell the rental property? Homeowner considered if they should sell their rental property or continue to rent the rental property, reader asks why not sell rental property with an installment sale? Selling a rental property as an installment sale has property tax implications.

Continue reading

Posted in Selling | Tagged , , , | Leave a comment

Can Renting or Selling Your Home Help Fund Retirement?

Rent or sell your home in retirement to fund retirement. Homeowner asks “Can renting or selling your home help fund retirement?” Consult a real estate attorney before trying to rent or sell your home in retirement to fund retirement. Rent your home in retirement to fund retirement and become landlord. Rent your home or sell your home in retirement to unload property and fund retirement.

Continue reading

Posted in Selling | Tagged , , , | Leave a comment